The salaries of business school professors vary depending on a number of factors, including the type of institution, the professor’s rank and experience, and the location of the school. According to data from the American Association of University Professors (AAUP), the average salary for a full-time business school professor in the United States was $152,500 in 2020-2021. However, this average includes a wide range of salaries, from around $60,000 for assistant professors at non-doctoral institutions to over $200,000 for full professors at doctoral institutions.
In general, business school professors at public institutions tend to earn lower salaries than those at private institutions. Additionally, business school professors at research universities tend to earn higher salaries than those at teaching-oriented colleges and universities.
Salaries for business school professors also vary depending on the professor’s rank and experience. Assistant professors, who are typically early in their careers, earn lower salaries than associate professors, who have more experience and are typically eligible for tenure. Full professors, who are the most experienced and accomplished in their fields, earn the highest salaries.
Finally, salaries for business school professors also vary depending on the location of the school. Professors in urban areas, particularly in major cities, tend to earn higher salaries than those in rural or suburban areas.